/biz/ - Business & Finance

I know this guy who is constantly coming up with these weird financial schemes and "life hacks" to save/get/make more money. Some of them are kinda ok, even tho they seem to require way too much effort and workarounds for relatively little payoff but others seem illegal and shady as fuck. Here's one of his latest ones:

>has lived and worked in the UK for the past 6 years or so
>signs up for a bunch of credit cards and maxes out all of them without paying back a singe cent, for a total amount of around 20K GBP according to him
>moves back to living in Hungary where's he's originally from
>doesn't plan on paying them back, claims the worst they can do is keep sending him court summons but nothing will actually happen as long as he doesn't return to the UK
>claims that apparently because of brexit the UK will have even less power to demand their money back

Can he really get away with that with no serious consequences? Seems to me like something that would come back and bite him in the ass big time in the long term. He also has a significant amount of student debt that he's not planning paying back either.
Keep in mind, he also wants to eventually move to the USA and is applying for a green card every year. I know US immigration services do very thorough financial background checks. Wouldn't they reject his application when they find out all the shady shit he's done? He also obviously plans on using credit cards and taking loans in the future if and when he needs to but why would anyone want to lend him money, considering his financial past?
Any anons who are better versed in financial law mind clearing up what the fuck he trying to do exactly and if this shit will fly?

dont know op

>>16570315

How do I turn $1000 into $100000?

Marriage.. on the blockchain...

How do I create a dApp?

>>16169087
o-ok lad, but I'm confused